The global drywall and insulation contractor market is expected to grow from $474.33 billion in 2022 to $529.04 billion in 2023 at a compound annual growth rate of 11.5 percent. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short-term.
Manitou Group, a world reference in the handling, aerial work platform and earth moving sectors, announced the complete overhaul of its global compact loader lineup along with the launch of a new line of telehandlers dedicated to the North American market at ConExpo, the largest construction event in the United States.
The industrial insulation market size is projected to reach $5 billion by 2027, at a CAGR of 5.4 percent from 2022. The power industry had the largest market share in 2021, followed by the oil & petrochemical segment during the forecast period.
SmartEquip is the leading technology standard for equipment life cycle management, service and procurement support for the construction industry, with over $1.4 billion in equipment parts ordered through its network each year.
The global building thermal insulation market will grow to $35.3 billion by 2027, a CAGR of 4.7 percent from $8 billion in 2022. The use of building thermal insulation has witnessed significant growth because of the increasing requirement for improved heating and cooling comfort and better fire resistance of building thermal insulation materials, such as glass wool, stone wool and plastic foams.
Kendall College of Art and Design of Ferris State University selects 50 student teams from 39 countries for international design competition, their biggest field ever. The multidisciplinary student teams compete to present innovative, circular solutions to address global problems in ways that transform the economy.
Polyvision Inc., a global leader in the innovation and manufacture of CeramicSteel, collaborative writing products and architectural panels for cladding, announced the appointment of Kevin McCoy as Chief Executive Officer.
Today, the U.S. Green Building Council (USGBC) announced a new strategy, Healthy People in Healthy Places Equals a Healthy Economy, intended to leverage LEED and the community implementing the rating system to support buildings and communities in a post-pandemic world.
